Office for sale
Property description & features
- High Quality Office Building With Excellent A12 Access
- Two Storey Office Building With Heating & Cooling
- Open Plan Layout With Kitchenette & W/C Facilities
- Four On Site Car Parking Spaces
- Excellent A12 / A120 Access
The high specification includes; lighting, carpeting, floor boxes and perimeter trunking for data and power. Wall/ ceiling mounted units provide heating & cooling (not tested).
High speed internet is available.
There are four allocated car parking spaces plus shared visitor spaces on site.
Note: ten bespoke desks, and ten chairs, can be included upon request.
Accommodation
(Approximate net internal measurements)
Ground Floor Approx. 575 sq ft (53.42 sq m)
First Floor Approx. 376 sq ft (34.93 sq m)
Total Approx. 951 sq ft (88.35 sq m)
Terms
The premises are available for sale freehold at a guide price of £290,000 plus VAT.
Alternatively, the premises are available To Let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £19,500 per annum plus VAT.
Service Charge
An annual service charge is applicable and covers the repair and maintenance of all of the communal areas & facilities. Approx. cost for the current year of £2,957.52 plus VAT.
Buildings Insurance
The landlord will arrange the buildings insurance and recover this cost from the tenant. Approx. cost for the current year £442.29.
Business Rates
We have been informed that the rateable value, effective 1st April 2023, is £15,500. We therefore estimate that the rates payable are likely to be in the region of £7,600.
We recommend all parties make their own direct enquiries with the local rating authority.
Energy Performance Certificate (EPC)
We have been advised that the premises fall within class B (30) of the energy performance assessment scale.
A full copy of the EPC assessment and recommendation report is available from our office upon request.
VAT
We are advised that VAT is applicable at the prevailing rate.
All rents and prices are exclusive of VAT under the Finance Act 1989. Interested parties are advised to consult their professional advisors as to their liabilities, if any, in this direction.
Legal Costs
Each party will bear their own legal costs.
Viewing
Strictly by appointment via sole letting agents:
Fenn Wright
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Property information from this agent
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Property reference 14870279FH. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Fenn Wright - Colchester Commercial Sales & Lettings.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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